Odaily Planet Daily News Bitcoin fell below the $95,000 mark during trading on Monday as market caution intensified due to rising macroeconomic uncertainty and the approaching Federal Reserve meeting.
FxPro analyst Alex Kuptsikevich said that if prices continue to be under pressure, the key support levels below are $92,500 and $89,000; once $90,000 is lost, it may trigger a deeper correction. In addition, despite the market volatility, the Bitcoin spot ETF launched last year still recorded a net inflow of about $1.81 billion last week, showing that institutional and retail investors are still enthusiastic about allocation. On-chain data shows that long-term holders' unrealized profits are close to 350%, which may form potential selling pressure on prices. (CoinDesk)